Businesses for Sale | Hancock, Michigan
Discover business opportunities, in or around Hancock, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Hancock, located in The Great Lakes State had a total population of 4,229 people.
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | My Business Venture | Computer & Internet Franchises | $10,000 | |
| 2 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 3 |  | FranServe - Become a Franchise Consultant | Business Services | $50,000 | |
| 4 |  | E-Commerce Future USA | Business Opportunities | $30,000 | |
| 5 |  | Automated Investments | Business Opportunities | $100,000 | |
| 6 |  | Blue Coast Savings Consultants | Financial Franchises | $70,000 | |
| 7 |  | Healthy YOU Vending | Food & Restaurant | $25,000 | |
| 8 |  | The Back Nine Golf | Sports & Leisure | $60,000 | |
| 9 |  | Rainbow Restoration | Cleaning Franchises | $100,000 | |
| 10 |  | Five Star Painting | Home Services & Repair Franchises | $50,000 |
City Statistics and Other Information About Hancock
Demographics
From a total population of 4,229, Hancock has a median age of 30. The average age of males, in Hancock, is 28 while the average age of females is 34. When you compare the median age of men and women in Hancock, there is an average difference of 6.15 years.
Income
The median income of individuals, in Hancock, is $38,593 while the average household income is $46,031. In 2029, the average income per capita for Hancock is expected to be $38,593.
Additional Information
49930Houghton County
Is Hancock the Best Location for Franchise Opportunities and Growth?
What is the average income in Hancock?
The median household income in Hancock is $46,031, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Hancock an affordable place to start a franchise?
With a median income of $46,031, Hancock presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Hancock's income compare to other locations?
The median income of $46,031 in Hancock is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Hancock have a stable workforce to support my business?
Absolutely! With 1,253 employed individuals, Hancock offers a solid labor force to support franchise growth.
Is Hancock a growing economy?
With a workforce of 1,253 and a median household income of $46,031, Hancock provides an emerging economic environment for new business opportunities.
Does homeownership in Hancock indicate a stable market?
Homeownership rates at 893 show a strong local investment in the community, which benefits long-term franchise success.
